Chevron Comments on UK North Sea Sale Process
'A portfolio review has been completed and a decision has been taken,' a Chevron spokesperson told Rigzone.
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'A portfolio review has been completed and a decision has been taken,' a Chevron spokesperson told Rigzone.
American energy super major confirmed it would market its assets in the basin, thought to be worth up to one billion dollars.
The latest planned sale would see it pull out of its remaining interests in the region, including a 19.4% stake in the Clair oilfield, west of Shetland
Chancellor rejects industry calls for windfall levy respite as Chevron leaves region
Chevron is preparing to divest all its remaining operations in the UK North Sea as it looks to focus on its most profitable assets.